, 1887-12-29
t887-1988.

the plain, unvarnished tale OF a years
magnificent progress and develop
ment in Spokane Falls. Tho year Of
1887 has bean an eventful one for our
beautiful city. In certain sense it
has been its birth year, and clearly
marks the springing into life Of live,
enterprising city, which seems To have
in it the combined elements OF growth
Of both Denver and Minneapolis.
Since January, 1887, we have sprung
upward from population Of $500 to
$500 or 5000 people, and the devel
opment in all established lines OF bus
mess has kept pace with the growth
in population. New enterprises have
sprung up in every direction to hus-
band and utilize the varied and gen
erous resources of tho country As a
matter Of course, values of every kind
have appreciated rapidly. Real es-
tate has, in many cases, doubled in
price, but values have never reached
an inflated or unhealthy point. and as
rule have been regulated by the in
crease in population and the rapidly
accumulating evidence OF the great
and varied resources tributary to this
place. To-day it may be safely said
that Spokane has passed from tho eS-
perimental and test period Of her
career to one of a certain and marvel
ous growth, sustained by figures, facts,
enterprise and dollars. But therecord
of 1887 seems destined to be out
stripped in every respect by the great
improvements which enterprise,
money and nerve are putting on foot
for the year 1888.
The growth in population, in all
lines of business and manufactures,
gives promise of being phenomina!
and unprecedented. There arc un-
mistakable evidences that q good
healthy boom OF formidable proper
tons is tending IN this direction. For
q good healthy boom that understands
its business and knowA how to ap-
preciate its advantages there 10 no
better place than this Concerning
the present boom, we remark that i
is genuine boom, and not an imita-
ton or spurious article. The manner
Of its coming and the manner of it's
operation show this. 1t did not come
with a rush and a roar, like water
spout that floods everything and leaves
wrecks behind, but gradually and
quietly, like a seasonable rain that
refreshes and fertilizes. This is one
of the signs OF genuine boom. Then,
it's operation and effects are good, like
a good medicine that tones up the
system and improves the circuln-
ton. To Judge of its quality one needs
only to compare the patient before
and after taking. But let Ms be care
sul not to ''inflate' our good, honest
boom with paltry wind, or selfish
land piracy" Booms be taken
proper care Of and not fooled with.
Our central location, vast resources
and rapidly developing railroad facil-
the great manufacturing and mining
center of the north Pacific coast.
A large amount of outside capital
is now seeking investment here, and
many large Investments have already
been made. In all essential respects
Spokane Falls can offer greater in
ducements for the investment OF capi-
tai than any other point in Washing
ton, and if her destiny continues to
be controlled by conservative forces,
the tendency OF capital to como here
will continue. 1t would be great
mistake to check this tendency either
by putting q prohibitory price on real
estate or by creating a wild fever Of
speculation. We want smslters and
reduction works; We want manufac-
lures of every kind, and We ought to
be ready and willing to aid financially
in the establishment of useful indus
trial establishments. There is no
growth as substantial as that founded
on great manufacturing facilities and
diversified industries. The people of
Spokane Falls should make an earnest
effort in the coming year to bring
here and aid in building up manufac-
lures of O useful character. One ac-
tive factory employing fifty
men is in effectiveness worth thous-
and inhabitants. Let as enjoy our
boom, then, and not lose sight Of the
fact that Foundation stones are
10 all stately structures"
Neither now, nor at any other time.
does the REVIEW wish to be placed in
the attitude OF extending to men Of
every kind and class and in unlimited
numbers an invitation to como here.
This city is growing rapidly, new
avenues of business are opening up
every day and new fields for enter
prise are oeing uncovered, but we